9 months ago

Tether Hires Ex–White House Crypto Adviser as US Strategist

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    Tether has hired Bo Hines, the former executive director of the White House Crypto Council, as a strategic adviser focused on US digital asset policy and market expansion. The move signals the company’s intent to strengthen its presence in the world’s largest economy.

    Hines stepped down from his government role earlier this month, where he worked on shaping digital asset legislation and regulatory approaches, including frameworks for stablecoins. At Tether, he will coordinate directly on US strategy, engage with policymakers, and help guide the company’s entry into regulated markets.

    Tether CEO Paolo Ardoino said the appointment reflects a commitment to building a domestic footprint, not only through digital asset products but also through wider investment in US infrastructure. The company has already reinvested close to $5 billion into the American economy and has signaled that further capital deployment is planned.

    Hines described stablecoins as a tool to modernize payments and expand access to financial services, noting that his experience in public service convinced him of their role in reducing costs and improving inclusion. He said his focus at Tether will be to align the firm’s product rollout with US policy priorities and consumer needs.

    The hire comes as Tether prepares a new US dollar–backed stablecoin, which could launch in late 2025 or early 2026 depending on regulatory progress. The company has also been active in other sectors, announcing a $775 million investment in video platform Rumble and a $100 million investment in Latin American agriculture firm Adecoagro over the past year.

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